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Diamond Grading Gets an International Standard
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The International Standards Organization (ISO) has approved its first grading guidelines for polished diamonds in an effort to achieve consistency among laboratories.The new ISO 24106 specifies the terminology, classification and methods that labs...
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Polished Markets
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Sep 24, 2020
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Rapaport News
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Sarine, Chinese Lab Debut Light-Performance Report
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Sarine Technologies has partnered with China’s National Gemstone Testing Center (NGTC) to offer light-performance reports for a leading jewelry supplier in the region.The co-branded reports for high-end Chinese jewelry designer, manufacturer and wholesaler...
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Retail
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Sep 16, 2020
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Rapaport News
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GIA on Covid-19, Automation and Synthetics
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The Gemological Institute of America is pressing ahead with projects that may transform diamond grading, CEO Susan Jacques said in an exclusive interview on the Rapaport Diamond Podcast.Despite the pandemic, the institute announced a collaboration with...
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Polished Markets
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Sep 10, 2020
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Joshua Freedman
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GIA Considers Shutting Antwerp Lab
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The Gemological Institute of America (GIA) plans to close or heavily scale back its Antwerp operations following a review of its business in the Belgian city.“Based on global and local market conditions and activity, and the impact...
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Polished Markets
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Aug 30, 2020
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Rapaport News
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Chinese Online Giant to Offer Verified GIA Reports
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Technology provider Everledger has teamed up with the Gemological Institute of America (GIA) to verify diamond grading reports on e-commerce site JD.com, China’s largest retailer.Everledger will synchronize the GIA’s grading information to JD’s existing anti-counterfeiting...
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Technology
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Aug 26, 2020
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Rapaport News
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Natural All-Diamond Ring Is a GIA First
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A ring made entirely of natural diamond has become the first of its type to reach the Gemological Institute of America (GIA) for evaluation.The 13.15-carat, fancy-dark-grey diamond originated from a rough stone weighing around 20 carats, the...
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Polished Markets
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Aug 20, 2020
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Rapaport News
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Tiffany to Share Full Provenance of Its Diamonds
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Tiffany & Co. will give consumers full details of each diamond’s route from mine to jewelry, encompassing the rough’s origin as well as the locations of cutting, grading and setting.Beginning in October, the US retailer will share...
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Retail
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Aug 19, 2020
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Rapaport News
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GIA to Give Full Color, Clarity Grades for Lab-Grown
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The Gemological Institute of America (GIA) is launching a new digital report for lab-grown diamonds that will feature specific color and clarity grades. The organization, which currently only offers loose descriptions and grade...
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Polished Markets
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Aug 12, 2020
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Rapaport News
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India Extends Deadline for Duty-Free Reimports
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The Indian government has granted diamond companies extra time to ship polished goods back to the country without incurring customs duty.At present, reimports are subject to the 7.5% levy once the diamonds have...
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Polished Markets
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Jul 12, 2020
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Rapaport News
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GIA to Unlock New York Lab
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The Gemological Institute of America (GIA) is reopening its New York grading laboratory Monday following a three-month shutdown due to the coronavirus.“As restrictions are lifted and the global gem and jewelry industry begins to recover,...
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Polished Markets
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Jun 25, 2020
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Rapaport News
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GIA Reduces Services Across the World
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The Gemological Institute of America (GIA) has closed most of its laboratories and educational centers due to the coronavirus.The laboratory at its headquarters in Carlsbad, California, has shut temporarily, as have grading facilities in Antwerp, Johannesburg, Mumbai,...
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Polished Markets
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Mar 26, 2020
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Rapaport News
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Sarine Ushers In Era of In-Factory Grading
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Sarine Technologies has launched a new platform enabling manufacturers to tap its automated grading systems and issue a report in-house to support the needs of jewelers.The company this week introduced its eGrading innovation via a video...
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Technology
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Mar 12, 2020
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Avi Krawitz
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Sarine Joins Race to Buy HRD Antwerp
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Sarine Technologies has entered the running to acquire HRDAntwerp, according to two sources close to the sale process. The Israel-based diamond-technology company has registered its interest in buying the Belgian laboratory, as have two previous...
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Polished Markets
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Dec 03, 2019
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Joshua Freedman
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HRD Antwerp Receives Two Takeover Bids
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The International Gemological Institute (IGI) and industry veteran Peter Meeus have put in rival bids to acquire HRD Antwerp.Meeus, HRD’s former managing director, lastweek submitted a proposal to buy at least 51% of the lab in partnership...
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Financial-Legal
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Nov 06, 2019
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Joshua Freedman
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GIA Exposes Rough Diamond with Fake Green Color
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Manufacturers coated a rough diamond with a green substanceto imitate a natural color, the Gemological Institute of America (GIA) saidafter the stone turned up for grading.The presence of chromium oxide powder on the surface ofthe 6.49-carat crystal...
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Rough Markets
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Aug 19, 2019
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Rapaport News
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GIA Cuts Prices 10% Amid Market Slowdown
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The Gemological Institute of America (GIA) has temporarilyreduced grading fees for certain smaller diamonds after recording a drop in submissionsduring the recent industry slump. The organization is slashing prices of reports by 10% forpolished weighing from...
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Polished Markets
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Jul 16, 2019
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Joshua Freedman
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GIA Spots Natural-Synthetic Hybrid Diamond
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The Gemological Institute of America (GIA) has discovered asynthetic layer that improved the weight and color of a natural diamond, and haswarned that the phenomenon may be happening more often.The cushion modified brilliant, 0.64-carat...
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Technology
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May 20, 2019
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Rapaport News
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‘Lab-Grown’ Diamond Turns Out to Be Natural
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A client of the Gemological Institute of America (GIA)wrongly submitted a natural diamond as a lab-grown stone, the organizationsaid.The GIA’s Carlsbad laboratory recently received the round brilliant,2.23-carat, D-color diamond, which the customer had sent in for asynthetic-diamond...
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Polished Markets
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Feb 06, 2019
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Rapaport News
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China’s Fosun Buys 80% of IGI
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Chinese corporate giant Fosun has agreed to buy an 80%stake in the International Gemological Institute (IGI), the grading laboratorysaid Wednesday. “The interest of this large conglomerate to invest in IGIshows the confidence it has in our industry,” said...
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Financial-Legal
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Sep 13, 2018
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Rapaport News
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Melee Parcel Contains Just One Natural Stone
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The Gemological Institute of America (GIA) found just onenatural diamond in a melee parcel containing more than 1,000 undisclosedsynthetic stones, according to a recent lab note. The organization’s New York center received 1,102 smalldiamonds weighing...
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Technology
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Aug 16, 2018
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Rapaport News
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